MAHVASH UNIT

Operated by BKV BARNETT II, LLC (P-5 103758) in the NEWARK, EAST (BARNETT SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 237252District 09Field 65280200CondensateGasSaveExport
Value, all time
$22.5 M
Aug 2007 – May 2026
Value, last 12 filed months
$262 k
at the published price for each month
Months reported
226
no gaps in the span
Streams
2
condensate, gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 21,881 leases and 22,468 wells, and the rule below applies to all of them.

Discovered
1981-10-15
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2009-09-29.

The Commission's schedule remark for this field reads: “DESIGNATED AS UFT FIELD PER DOCKET 01-0299858”

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
CondensateDisposition2,594 bbl$232,672
GasProduction4,358,253 Mcf$22,299,260
Total$22,531,932

Every month this lease reported (226)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

226 months

May 202605,688106.413.05$17,325
Apr 202605,58598.932.87$16,027
Mar 202605,90889.753.15$18,607
Feb 202605,37963.503.75$20,173
Jan 202605,98659.138.00$47,876
Dec 202506,06156.664.41$26,749
Nov 202505,46458.593.93$21,454
Oct 202505,66759.383.30$18,729
Sep 2025265,59862.743.08$18,856
Aug 202505,81863.933.01$17,540
Jul 202506,00066.743.32$19,891
Jun 202505,93066.483.13$18,553
May 202506,15960.553.23$19,908
Apr 202506,05562.363.54$21,454
Mar 202505,75967.704.27$24,581
Feb 202505,47170.884.34$23,749
Jan 202506,16974.324.28$26,395
Dec 202406,30368.993.12$19,674
Nov 202405,75669.052.20$12,654
Oct 202406,37071.372.28$14,533
Sep 202405,88169.612.36$13,905
Aug 202405,85975.632.06$12,091
Jul 202406,16479.932.15$13,232
Jun 202406,10478.082.63$16,078
May 202406,33078.812.20$13,916
Apr 202406,26684.451.66$10,397
Mar 202406,46880.301.55$9,994
Feb 202406,07376.091.78$10,832
Jan 202406,38373.023.30$21,049
Dec 202306,57171.262.61$17,155
Nov 202306,43477.892.81$18,064
Oct 202306,63385.443.09$20,478
Sep 202306,29189.042.74$17,206
Aug 202306,75880.522.67$18,063
Jul 202307,01274.852.64$18,524
Jun 202306,78568.962.26$15,324
May 202307,05770.622.23$15,719
Apr 202306,79478.122.24$15,203
Mar 202306,94972.852.39$16,630
Feb 202306,34475.112.47$15,642
Jan 202307,02776.533.39$23,806
Dec 202206,88876.415.73$39,462
Nov 202206,77285.005.65$38,236
Oct 202207,09887.185.86$41,621
Sep 202206,87684.888.16$56,133
Aug 202207,16794.529.13$65,414
Jul 202207,192101.587.54$54,243
Jun 202207,018115.097.98$55,984
May 202207,312109.378.43$61,662
Apr 202207,336104.226.84$50,161
Mar 202207,132108.885.08$36,205
Feb 202206,68891.054.86$32,496
Jan 202207,41481.844.54$33,642
Dec 202107,56471.323.90$29,493
Nov 202107,46677.435.24$39,098
Oct 202107,96879.795.71$45,528
Sep 202107,29569.865.35$39,035
Aug 202107,88066.024.22$33,258
Jul 202107,93170.783.98$31,582
Jun 202107,67469.493.38$25,943
May 202107,91163.483.02$23,873
Apr 202107,65460.362.76$21,113
Mar 202107,96361.302.72$21,635
Feb 202107,20757.805.55$39,984
Jan 202108,03350.412.81$22,575
Dec 202008,06544.642.68$21,578
Nov 202007,92238.772.71$21,441
Oct 202008,23036.972.48$20,397
Sep 202008,09737.091.99$16,121
Aug 202008,46739.982.39$20,195
Jul 202008,48238.371.83$15,481
Jun 202008,08934.901.69$13,673
May 202008,64416.921.81$15,687
Apr 202008,20714.751.80$14,809
Mar 202008,54230.341.86$15,856
Feb 202008,07349.881.98$15,990
Jan 202008,25157.252.09$17,284
Dec 201908,65259.012.30$19,937
Nov 201908,20755.302.75$22,575
Oct 201908,65553.472.42$20,932
Sep 201908,42155.052.66$22,377
Aug 201908,45053.112.30$19,472
Jul 201908,77256.272.46$21,580
Jun 201908,59052.782.49$21,399
May 201908,88958.482.74$24,359
Apr 201908,71562.632.75$23,972
Mar 201908,83856.803.06$27,063
Feb 201907,98650.852.79$22,299
Jan 201908,84046.033.23$28,537
Dec 201809,16246.594.19$38,347
Nov 201809,41852.934.24$39,906
Oct 201806,79861.443.40$23,100
Sep 201809,27559.543.11$28,827
Aug 201809,71159.403.07$29,779
Jul 201809,86965.142.93$28,935
Jun 201809,28360.183.08$28,563
May 201809,48265.382.90$27,505
Apr 201809,66163.842.90$28,025
Mar 2018010,30861.222.79$28,727
Feb 201809,52861.782.77$26,356
Jan 2018010,60962.874.01$42,535
Dec 201709,99657.272.92$29,204
Nov 201709,70755.423.12$30,270
Oct 2017010,69549.292.98$31,910
Sep 2017010,96247.523.09$33,843
Aug 2017011,45245.373.00$34,406
Jul 2017011,52143.873.09$35,569
Jun 2017011,21442.493.09$34,621
May 2017011,66845.373.26$38,077
Apr 2017011,61147.933.21$37,290
Mar 2017012,13846.772.98$36,216
Feb 2017011,46750.452.95$33,857
Jan 2017012,25349.413.42$41,891
Dec 2016011,50048.763.72$42,813
Nov 2016011,62042.492.64$30,727
Oct 2016012,09146.193.09$37,364
Sep 2016411,17241.553.10$34,806
Aug 20164812,14741.442.92$37,511
Jul 2016012,23941.622.92$35,791
Jun 2016011,81145.352.69$31,722
May 2016012,54542.521.99$24,978
Apr 2016012,23436.561.99$24,358
Mar 2016013,00633.011.79$23,333
Feb 2016012,25326.472.06$25,286
Jan 2016012,70927.352.36$30,049
Dec 2015012,89332.362.00$25,804
Nov 2015012,40738.792.17$26,890
Oct 2015012,91943.552.43$31,349
Sep 2015012,40642.992.76$34,221
Aug 2015012,84440.162.87$36,894
Jul 2015012,89648.152.95$37,980
Jun 2015012,95156.152.88$37,336
May 2015013,28255.212.96$39,254
Apr 2015012,57049.822.71$34,022
Mar 2015013,15042.892.93$38,591
Feb 2015011,01244.662.98$32,774
Jan 2015011,98243.433.10$37,152
Dec 2014012,73954.693.59$45,750
Nov 2014012,12270.464.25$51,541
Oct 2014013,00178.303.90$50,716
Sep 2014012,41886.164.05$50,236
Aug 2014013,05789.394.04$52,687
Jul 2014012,85196.564.18$53,712
Jun 2014012,78898.164.74$60,575
May 2014013,78994.734.73$65,175
Apr 20148013,12795.944.81$70,805
Mar 2014013,16295.895.06$66,558
Feb 2014012,38797.406.19$76,700
Jan 2014013,13890.404.86$63,860
Dec 2013013,43391.824.35$58,494
Nov 2013013,41888.853.74$50,160
Oct 2013013,96597.423.78$52,779
Sep 2013012,951104.113.72$48,148
Aug 2013014,765104.253.52$52,011
Jul 2013015,459102.523.72$57,473
Jun 2013014,97794.403.93$58,911
May 2013015,28194.834.15$63,402
Apr 2013016,06693.964.28$68,804
Mar 2013017,95493.623.91$70,252
Feb 2013017,42191.233.42$59,578
Jan 2013015,43391.603.42$52,779
Dec 2012024,74086.773.42$84,615
Nov 2012023,16586.953.62$83,972
Oct 2012023,67089.383.40$80,470
Sep 2012024,39294.672.92$71,186
Aug 2012025,41592.662.91$73,911
Jul 2012025,58585.133.02$77,287
Jun 2012024,41479.822.52$61,500
May 2012025,67691.612.49$63,890
Apr 2012025,940101.652.00$51,797
Mar 2012027,237105.052.22$60,523
Feb 2012026,968101.102.57$69,314
Jan 2012031,13198.092.73$85,115
Dec 2011029,94196.873.24$97,001
Nov 2011028,88695.723.31$95,650
Oct 2011029,18984.983.65$106,497
Sep 2011027,67783.623.99$110,315
Aug 2011030,00283.404.15$124,488
Jul 2011032,58994.144.52$147,212
Jun 2011034,00692.904.64$157,784
May 2011035,69698.134.40$157,234
Apr 2011035,079105.964.33$152,007
Mar 2011036,77396.364.06$149,201
Feb 201110432,87185.644.18$146,307
Jan 2011037,41486.504.59$171,685
Dec 2010037,71785.734.35$163,984
Nov 2010037,12380.843.80$140,894
Oct 2010039,44078.103.51$138,391
Sep 2010039,02272.633.98$155,287
Aug 2010041,27473.684.42$182,405
Jul 2010042,04272.554.74$199,132
Jun 2010041,56870.364.91$204,116
May 2010043,53871.124.24$184,393
Apr 20105842,20081.694.12$178,716
Mar 2010043,79678.394.39$192,206
Feb 2010039,70673.585.44$216,094
Jan 201014343,59374.365.96$270,626
Dec 2009042,82071.445.48$234,814
Nov 2009043,78874.593.75$164,271
Oct 2009045,11972.544.11$185,450
Sep 2009043,31065.543.06$132,734
Aug 2009044,83767.423.22$144,308
Jul 2009047,17361.133.46$163,431
Jun 2009046,12466.163.90$179,653
May 2009049,09054.743.93$192,715
Apr 2009049,01646.773.59$175,845
Mar 2009010,44042.144.06$42,376
Feb 20090032.814.63$0
Jan 200910544,96835.865.37$245,288
Dec 200812574,36437.105.98$449,122
Nov 2008073,59955.496.86$504,916
Oct 200810277,38675.246.92$543,339
Sep 2008076,977101.767.88$606,355
Aug 2008082,293114.228.48$698,093
Jul 200815583,334131.0811.39$969,444
Jun 20085682,105131.3313.03$1,077,399
May 200814190,195123.1711.57$1,061,310
Apr 200814787,315110.3110.45$929,082
Mar 200818996,843101.909.66$955,157
Feb 2008340102,34892.538.77$929,112
Jan 2008380109,41890.388.21$932,199
Dec 2007391115,53788.337.30$878,185
Nov 2007037,41891.677.29$272,841
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                5,688 Mcf  × $  3.05 =    $17,325

────────────────────────────────────────────────────
Month total                                  $17,325

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 09/G/237252 is the state's own key, not one this site invented.